European Union

18 Jun

NATO selects the first AI, robots, and space tech companies to invest in as part of its €1B fund

The consortium of NATO allies has approved the first group of companies that will receive financing within the framework of the NATO Innovation Fund in the amount of €1 billion euros. The fund is aimed at supporting European technology companies

09 Apr

Europe has the most affordable mobile data in the world — Broadband Genie study

Worldwide, people spend 4.09% of their salary on a mobile phone plan with 10GB+ of data, which is, on average, $24,20. Broadband Genie conducted a study on the global landscape of mobile data pricing to determine the mobile data affordability

18 Mar

Microsoft, Amazon and Google will ban Russian companies from accessing their cloud services

Microsoft, Amazon and Google will restrict access to their cloud services for Russian companies starting March 20. This is stated by Softline, one of the largest distributors of Microsoft in the Russian Federation. This means that Russian companies will not

13 Mar

European Parliament approves the AI Act, world’s first comprehensive AI law

The European Parliament has approved the world’s first comprehensive AI Act on Artificial Intelligence (AI) to minimize the risks associated with its use, BBC reports. The draft law classifies AI developments according to the level of danger and establishes appropriate

13 Mar

EU lifts sanctions on Yandex co-founder Arkady Volozh

The European Union has lifted sanctions against Yandex co-founder Arkady Volozh, according to a March 12 document published in the EU’s official journal. The former head of Yandex was among three people removed from the sanctions list this week. What